2469 Iron Works Pike, Lexington, KY 40511 (MLS# 26021823)

2469 Iron Works Pike, Lexington, KY 40511

New Listing

$57,500,000

Property Type: Farm Bedrooms: 7 Baths: 6 Square Footage: 13,500 Lot Size (sq. ft.): 41,455,181 Status: Active

Current Price: $57,500,000 List Date: 8/12/2026 Last Modified: 8/12/2026

Overview

Description

What an opportunity as few properties in the Bluegrass carry Castleton Farm's pedigree. Established in 1793, this storied land has been shaped by generations of Kentucky's great horsemen — from a U.S. Senator's original breeding operation to the Castleman family's 1840 Greek Revival mansion, which still stands as a landmark of the farm today. Over two centuries, Castleton bred and stood champions across three breeds — Thoroughbreds, Standardbreds, and Saddlebreds — cementing its place among the Bluegrass's most storied nurseries. Today, the farm spans 951 acres and offers an unmatched scale of infrastructure: 16 barns ranging from intimate 4-stall setups to a substantial 30-stall facility, totaling 268 stalls. Ten homes across the property — including several managers' houses — provide ample accommodation for staff, making Castleton as functional as it is historic. This is more than a horse farm; it's a self-sufficient equine operation with two centuries of pedigree behind it ... (Read more)

Listing Details MLS# 26021823

Listing Information

Comp Sale YN: No
Property Sub Type: Farm

Status Change Information

Status Change Timestamp: 2026-08-12

Address

County: Fayette
Street Number: 2469
Street Name: Iron Works
Street Suffix: Pike
State: KY
Zip Code: 40511
Zip +4: 9181
Parcel Number: 38308430

Contract

Original List Price: 57500000
Start Showing Date: 2026-08-12
Listing Contract Date: 2026-08-12
Listing Agreement: Exclusive Right To Sell
Office Exclusive YN: No
List Price/Acre: 60419.47
List Price/SqFt: 4259.26

Tax Legal

MLS Area Major: 002 - Fayette County NE
Subdivision Name: Rural

Interior

Bedrooms Total: 7
Bathrooms Total: 6
Bathrooms Full: 5
Bathrooms Half: Yes
Above Grade Finished Area: 13500
Living Area: 13500
Living Area Units: Square Feet
Basement YN: Yes
Fireplace YN: Yes
Below Grade Finished Area: 0

More Information

Parking Information

Garage YN: Yes

Building

Year Built: 1840

Lot

Lot Size Source: Assessor
Lot Size Acres: 951.68
Lot Size Square Feet: 41455180.8
Conservation Easement YN: No
View YN: Yes

Utilities

Cooling YN: Yes
Heating YN: Yes
Cable Connected: Yes
Electricity Connected: Yes
Propane: Yes
Water Connected: Yes

Remarks

Public Remarks: What an opportunity as few properties in the Bluegrass carry Castleton Farm's pedigree. Established in 1793, this storied land has been shaped by generations of Kentucky's great horsemen — from a U.S. Senator's original breeding operation to the Castleman family's 1840 Greek Revival mansion, which still stands as a landmark of the farm today. Over two centuries, Castleton bred and stood champions across three breeds — Thoroughbreds, Standardbreds, and Saddlebreds — cementing its place among the Bluegrass's most storied nurseries. Today, the farm spans 951 acres and offers an unmatched scale of infrastructure: 16 barns ranging from intimate 4-stall setups to a substantial 30-stall facility, totaling 268 stalls. Ten homes across the property — including several managers' houses — provide ample accommodation for staff, making Castleton as functional as it is historic. This is more than a horse farm; it's a self-sufficient equine operation with two centuries of pedigree behind it, offered for the first time in 25 years to a new steward.

Land Details

Farm With House YN: Yes

Other Structures Info

Number Of Horse Barns: 16
Number Of Stalls: 268

Room Types

Kitchen Level: First
Living Room Level: First
Kitchen: Yes
Living Room: Yes

Tax & Legal

Tax Rate: 1.0908
Zoning: AR
Directions: Newtown Pike, right on Iron Works Pike.

Cooling

Electric: Yes

Fencing

Plank: Yes
Stone: Yes

Flooring

Carpet: Yes
Hardwood: Yes
Marble: Yes
Tile: Yes
Other: Yes

Heating

Forced Air: Yes

Horse Amenities

Barn: Yes
Boarding Facilities: Yes
Hay Storage: Yes
Horse Walker: Yes
Paddocks: Yes
Pasture: Yes
Round Pen: Yes
Stable(s): Yes
Tack Room: Yes
Trailer Storage: Yes

Interior Features

Entrance Foyer: Yes
Other: Yes

Levels

Two: Yes

Lot Features

Level: Yes

Other Structures

Barn(s): Yes
Stable(s): Yes

Private Pool Features

In Ground: Yes

Security Features

Security System Owned: Yes

Sewer

Septic Tank: Yes

Structure Type

House: Yes

View

Farm: Yes

Water Source

Public: Yes

Current Use

Agricultural: Yes
Cattle: Yes
Horses: Yes
Pasture: Yes
Residential: Yes

Possible Use

Agricultural: Yes
Horses: Yes

Farm Improvements

Auto Walkers: Yes
Auto Waterers: Yes
Equipment Building(s): Yes
Office: Yes
Run-In Shed(s): Yes

Housing

Guest: Yes
Main: Yes
Manager(s): Yes
Tenant(s): Yes
Other: Yes

Possession Farm Land

Close Of Escrow: Yes

Possession Main House

Close Of Escrow: Yes

Showing Requirements

Listing Agent Must Accompany: Yes
Showing Service: Yes

Property Features

Utilities: Cable Connected; Electricity Connected; Propane; Water Connected; Cable Connected; Electricity Connected; Propane; Water Connected Cooling: Electric Current Use: Agricultural; Cattle; Horses; Pasture; Residential Farm Improvements: Auto Walkers; Auto Waterers; Equipment Building(s); Office; Run-In Shed(s) Fencing: Plank; Stone Flooring: Carpet; Hardwood; Marble; Tile; Other Heating: Forced Air Horse Amenities: Barn; Boarding Facilities; Hay Storage; Horse Walker; Paddocks; Pasture; Round Pen; Stable(s); Tack Room; Trailer Storage Housing: Guest; Main; Manager(s); Tenant(s); Other Interior Features: Entrance Foyer; Other Levels: Two Lot Features: Level Other Structures: Barn(s); Stable(s) Possession Farm Land: Close Of Escrow Possession Main House: Close Of Escrow Possible Use: Agricultural; Horses Private Pool Features: In Ground Security Features: Security System Owned Sewer: Septic Tank Structure Type: House View: Farm Water Source: Public Showing Requirements: Listing Agent Must Accompany; Showing Service Room Types: Kitchen; Living Room

Room Information

Room Name	Level
Kitchen	First
Living Room	First

Documents

Listing Office: Bluegrass Sotheby's International Realty

Last Updated: August - 12 - 2026

Information deemed reliable but not guaranteed.